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please explain this line of code with summation instruction

nonetheless · 2021-02-27T16:07:30+00:00

I came across this in someone else’s strategy and, apart from it being an exit code, I don’t entirely understand what it’s doing. Most grateful for an explanation in plain language. IF LONGONMARKET AND summation[35](close < close[6]) = 35 THEN SELL AT MARKET ENDIF

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please explain this line of code with summation instruction

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02/27/2021 at 5:07 PM #162722 quote
nonetheless
Participant

Master
I came across this in someone else’s strategy and, apart from it being an exit code, I don’t entirely understand what it’s doing.

Most grateful for an explanation in plain language.
```
IF LONGONMARKET AND summation[35](close < close[6]) = 35 THEN
SELL AT MARKET
ENDIF
```
02/27/2021 at 5:16 PM #162723 quote

JC_Bywan
Moderator

Master

Hi,

It checks to be true that close was lower than close[6] during each of the last 35 occurences, it saves you from writing the much longer equivalent condition “close<close[6] and close[1]<close[7] and close[2]<close[8] and … and close[34]<close[40]”

nonetheless thanked this post

02/27/2021 at 5:26 PM #162724 quote

nonetheless
Participant

Master

Alright, so it’s basically defining the length of a down trend and at what point it will quit.

Could be useful, thanks for the explanation.
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please explain this line of code with summation instruction

ProOrder: Automated Strategies & Backtesting

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This topic contains 2 replies,
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Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	02/27/2021
Status:	Active
Attachments:	No files

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please explain this line of code with summation instruction

Stuck on this ProBuilder code?

please explain this line of code with summation instruction ProOrder: Automated Strategies & Backtesting

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please explain this line of code with summation instruction

ProOrder: Automated Strategies & Backtesting